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Q: What would the buying power of 1.00 in 1956 equal in 2009?
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How much was 14.00 in 1956?

$14.00 in 1956 had the same buying power as $123.56 in 2016.


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What is the value of 5000 dollars in 1950?

It would be worth 500 dollars because the amount of money never changes over time. The purchasing power of a US dollar now is about 10-12% of its purchasing power in 1956. The easy way to determine this is with an inflation calculator that is based on changes in the CPI. I recommend http://data.bls.gov/cgi-bin/cpicalc.pl


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